The Distinction Between Codifiable and Tacit Knowledge Is Relevant to a Firm's

Multiple Choice

The distinction between codifiable and tacit knowledge is relevant to a firm's ability to appropriate the returns to its innovation because:

A) Technological progress involves advances in codifiable knowledge-hence it is more important
B) Patents and copyrights must be articulated clearly-hence they embody only codifiable knowledge
C) Tacit knowledge related primarily to traditional skills that are becoming increasingly irrelevant in today's digital economy
D) If an innovation lacks legal protection,then,if it based on tacit knowledge it cannot be easily be imitated